VG PIPE to hold extraordinary meeting for board changes, real estate investment

Vietnam Germany Steel Pipe JSC (VG PIPE) will hold an extraordinary general meeting of shareholders on November 7, 2025, at 8:15 AM at the company's headquarters. The meeting aims to dismiss current supervisory board members and elect replacements for the remainder of the 2022-2026 term. Additionally, shareholders will vote on a proposal to raise capital through investment cooperation for the "Viet Duc Legend City" urban area project.

The decision to convene the meeting follows the resignation of three supervisory board members—Ngo Vi Anh Tu, Le Anh Chung, and Nguyen Thi Hoa—due to personal reasons and the company's shift towards real estate, an area outside their expertise. The resignations would leave the supervisory board below the legally required number of members, necessitating immediate action.

The company will send out invitations to shareholders by October 17, 2025, with the record date for determining eligible shareholders set for October 7, 2025. The announcement was made on September 15, 2025, on VG PIPE's website.